The gains from external scale economies and comparative advantage
AbstractThis note develops a model of inter-personal trade which combines comparative advantage and external scale economies. It is shown that the gains from external scale economies outweigh those from comparative advantage as the population size increases.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 34 (2014)
Issue (Month): 1 ()
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External scale economies; comparative advantage; gains from trade;
Other versions of this item:
- Kwok Tong Soo, 2013. "The gains from external scale economies and comparative advantage," Working Papers 33867662, Lancaster University Management School, Economics Department.
- F1 - International Economics - - Trade
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